In 1964, Binion's two sons took over the operation of Binion's Horseshoe. Jack Binion became president and Ted became casino manager, where he enjoyed a high profile and liked socializing with the high-rollers who came through the casino. Ted Binion proved to be even more controversial than his father, largely because of his problems with drugs and his association with known mob figures. For a time, Binion was even banned from entering the family's casino.
At the peak of his success, Binion built an expansive, 6,600 square foot home in 1972. The home is situated on a large, leafy plot in one Las Vegas' most desirable neighborhoods. The home is a fitting one for a man who lived the Las Vegas high life, and consists of four bedrooms and six baths, including a master bath with mirrored walls and a gas fireplace. The tub in the master bath features a bronze tap in the shape of a bird's curving neck. Murano glass chandeliers adorn the home's entryway.
But the elegantly appointed home eventually met with tragedy. In September of 1998, Binion was found dead in the home, and medical tests would eventually confirm that he had Xanax and heroin in his system. Given Binion's lifestyle, it was entirely possible that he overdosed, but his live-in girlfriend, Sandy Murphy, and her lover, Rick Tabish, were also suspected of murdering Binion.
The home sat empty for a number of years, the subject of morbid fascination and occasional damage from vagrants. The home sold in 2015 and is once again a private residence .